The credit card with the transactions described on the right uses the average daily balance method to calculate interest. The monthly interest rate is 1.5% of the average daily Balance. Calculate i parts ad using the statement on ' l i l Tiansaction Transaction Description Previous balance, $6230 00_ March '1 Billing date \"= ' March 5 Payment S$1250.00 credit the right. payment Due Date: April 9 3, Find the average daily balance for the billing period. Round to the nearest cent. The average daily balance for the billing period is SEE. (Round to the nearest cent as needed.)